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Re: neuroinv post# 26394

Monday, 06/01/2009 11:27:36 PM

Monday, June 01, 2009 11:27:36 PM

Post# of 51158
Given the fact that none of us know what is going on with cor's efforts to close a deal, I am more than willing to acknowledge that I am underinformed. Unless you are privy to information that the rest of us don't have access to, so are you.

What I do know is this: over the years that I have been following this company, cor's deal-making "strategy" has led to 0 partnerships. Assigning blame is tricky, but I think that it wouldn't be such a bad thing if alternatives to the current strategy received some consideration.

There's another aspect to being underinformed, of which I am likewise guilty: I'm a newbie, and my only knowledge of the sector is based on the time I've logged following this misbegotten company. Over the past months, I've outlined alternatives to cor's indication-based strategy; you've been an apologist for it. My sense is that their strategy, which I think is typical of the microcap sector, is no longer viable. The fact that to your eyes, my uninformed efforts looks like playing the wrong end of the oboe gives me confidence that I'm on the right track. Expertise and conventional wisdom are always kissing cousins. During periods when little change occurs, conventional wisdom is a very good bet. During periods of abrupt and profound change, such as the one we're in, conventional wisdom and expertise have little value. I'm fine with being underinformed; it may be why I can see this situation more clearly.
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